Imported scrap prices in Turkey have dropped further by $20/t in a deal concluded recently, credible sources have reported to SteelMint. A Turkey-based steelmaker has booked around 23,000 t of UK origin bulk cargo. The cargo comprises of HMS 1&2 (80:20) at $408/t, shredded at $419/t, CFR basis. The cargo shipment would be in late February-early Mar’21.
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